Self-Proclaimed Facebook Co-Owner Paul Ceglia Pleads Not Guilty To Mail, Wire Fraud

By David Cohen 

In the latest installment of the ongoing saga of the man who claims to own one-half of Facebook, Paul Ceglia entered a plea of not guilty Wednesday on one count each of mail fraud and wire fraud related to a contract with Facebook Co-Founder and CEO Mark Zuckerberg that Ceglia allegedly doctored in an attempt to claim his Facebook stake.

Bloomberg reported that Ceglia entered his plea at a federal court in Manhattan before U.S. District Judge Andrew L. Carter Jr. Each charge carries a maximum penalty of 20 years in prison.

According to Bloomberg, David Patton, the lawyer appointed to represent Ceglia, plans to ask the court to move the case from Manhattan, as Ceglia’s civil suit against Facebook and Zuckerberg is taking place in Buffalo, N.Y.

Not surprisingly, attorney Dean Boland is not representing Ceglia in this case, as Boland has requested to be removed from the case against Facebook and Zuckerberg, potentially joining a long list of lawyers and law firms that have abandoned the free-falling case.

Readers: When all is said and done, what do you think Ceglia’s fate will be?